Looking Toward the Future
6 Words:
The Hospitality & Tourism Management Advisory Board was challenged to offer students their AI - Advisor Intelligence in six words or less at the program's annual advisory board meeting this past spring.
250,000 People:
According to Bart Blatstein, founder, owner, and CEO of Tower Investments, Inc., Atlantic City "has the infrastructure for a city of 250,000 people, even though it has 39,000 people currently. We have all the infrastructure needed. We have a street grid, a convention center, an airport, natural gas, fiberoptic, power – we have everything. So, now it's just plug and play."
$6.3 Billion:
Atlantic City's casino operators have generated $6.3 billion in gross gaming revenues from internet gaming since its inception in November of 2013. Through 2019, internet gaming generated less than $500 million per year, but in 2020 during the pandemic, revenue jumped to $970 million. In 2021 and 2022 when casinos re-opened post-COVID, internet gaming exceeded $1 billion generating $1.4 billion in 2021 and $1.7 billion in 2022. In 2023, as of June, internet gaming has generated $930.8 million in revenue.